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The Latest Breaking News from Benzinga

Kevin Hassett Could Be Trump's Fed Chair Pick: 5 Fun Facts About Economist Including Owning Coinbase Stock, NBA Dreams

Economist Kevin Hassett currently serves as the Director of the National Economic Council, but could soon find himself named the next Federal Reserve Chairman, based on prediction market odds and comments from President Donald Trump.

Benzinga

Do You Have An Upper-Class Nest Egg? Here's What The Top 20% Really Have Saved—It Might Not Be As Impressive As You Think

For many people earning a solid six‑figure salary, crossing into the so‑called "upper class" feels like a ticket to financial freedom. Maybe fewer fast-food lines, fewer impulse buys, and maybe a life of casual comfort. But what does that really look like when the paychecks stop and retirement rolls around?

Benzinga

What's Going On With Snowflake Shares Wednesday?

Snowflake Inc. (NYSE:SNOW) is in the spotlight Wednesday ahead of third-quarter earnings after the market closes.

Benzinga

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Bristol Myers Pushes Data Readout For Key Alzheimer's Psychosis Study After Irregularities

Bristol Myers Squibb Co. (NYSE:BMY) on Wednesday said it would enroll additional patients in the ADEPT-2 Phase 3 study.

Benzinga

Strategy Stock Rallies: Crypto Stocks Climb As Bitcoin Bounces Back

Strategy Inc (NASDAQ:MSTR) shares are trading higher on Wednesday alongside other crypto-linked stocks after Bitcoin (CRYPTO: BTC) rose back above $92,000.

Benzinga

AI Isn't Just Replacing Workers. It Is Also Making College Degrees Less Valuable And Can Leave Recent Graduates With 'Long-Lasting Scars For Decades'

Artificial intelligence has been replacing workers, and that can make colleges less valuable. CNBC detailed in a video released on YouTube that covers how AI is impacting recent graduates and how it can affect the economy.

Benzinga

Walmart Stock Just Hit A New All-Time High: What's Going On?

Walmart Inc (NYSE:WMT) shares are trading higher on Wednesday, reaching a new all-time high as the retail giant continues to demonstrate dominance in both digital commerce and physical infrastructure. Here’s what investors need to know.

Benzinga

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Signet Jewelers Balances Resilient Demand With Cautious Holiday Outlook

Signet Jewelers Ltd. (NYSE:SIG) shares were up on Wednesday as investors weighed a stronger quarter against a cautious holiday outlook.

Benzinga

CrowdStrike Stock Slips After Earnings Despite Record ARR Growth And Raised Guidance

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares are roughly flat Wednesday. The company reported third quarter financial results on Tuesday after the market closed.

Benzinga

Anthony Scaramucci Says Solana Will Become The Tokenization Industry Standard

Solana (CRYPTO: SOL) gained attention on Wednesday after SkyBridge founder Anthony Scaramucci said the blockchain is positioned to become an industry standard for tokenized assets.

Benzinga

Netflix Stock Slides As Alarm Bells Ring Related To Potential HBO Max Bundle

Netflix Inc (NASDAQ:NFLX) shares slipped on Wednesday following reports that the company has submitted a mostly cash bid for Warner Bros. Discovery Inc's (NASDAQ:WBD) studios and streaming division.

Benzinga

Coinbase Stock Rebounds As Bitcoin Reclaims $92,000 Level

Coinbase Global Inc. (NASDAQ:COIN) shares are trading higher Wednesday afternoon, surging alongside a broader crypto market rally as Bitcoin (CRYPTO: BTC) climbs back above the $92,000 threshold. Here’s what investors need to know.

Benzinga

AppLovin's Merchant Boom Hints At Q4 Upside, Analyst Says

AppLovin Corp. (NASDAQ:APP) is gaining fresh momentum in its ecommerce push as new data shows a sharp jump in merchants adopting its Axon ad tech, setting the stage for a potential upside surprise in the fourth quarter.

Benzinga

Small Caps Rally, Natural Gas Prices Jump To 3-Year Highs: What's Moving Markets Wednesday?

Small-cap stocks powered higher Wednesday as expectations for a rate cut next week strengthened after weaker-than-expected private employment data.

Benzinga

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Benzinga

4 Stocks to Buy for the Next Leg of the AI Rally

Bull markets are a lot like the zombies in apocalypse movies: you might think they're finally dead, but then they're back on their feet before you even have a chance to reload.

Benzinga

Retail Shake-Up: Dollar Tree's Forecast Boost Shines Spotlight On Key ETFs

Dollar Tree Inc’s (NASDAQ:DLTR) latest quarterly earnings are not only a win for the discounter but also a timely reminder that not all retailers are equally vulnerable to tariff shocks.

Benzinga

Microsoft Stock Slips as "Hesitant" Clients Reportedly Force Cuts to AI Sales Goals

Microsoft Corp (NASDAQ:MSFT) shares are slipping following reports that the tech giant has lowered its sales targets for artificial intelligence software, as clients are hesitant to buy the new tools.

Benzinga

Crude Oil Gains 1%; Macy's Reports Strong Q3 Results

U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 250 points on Wednesday.

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Benzinga

Marvell Technology Analysts Raise Their Forecasts Following Upbeat Q3 Earnings

Marvell Technology Inc. (NASDAQ:MRVL) posted better-than-expected earnings for the third quarter and also announced the acquisition of Celestial AI on Tuesday.

Benzinga

Marvell Could Hit $10B Next Year, CEO Says — And AI Demand Is Just Getting Started

Marvell Technology Inc (NASDAQ:MRVL) just put a very loud stake in the ground: revenue could reach roughly $10 billion next year, CEO Matt Murphy said in the company's third quarter earnings call QA, and the market's reaction feels like it's still absorbing the size of that ambition. What sounded like…

Benzinga

Genius Sports (GENI) Shares Surge On Bullish 2028 Outlook

Genius Sports Ltd (NYSE:GENI) shares are trading higher Wednesday following the announcement of long-term financial targets and a major strategic partnership. Here’s what investors need to know.

Benzinga

Former Salesforce Co-CEO Bret Taylor's Startup Sierra Hits $100M ARR, Powers 95% Of Black Friday Shoppers

Former Salesforce (NYSE:CRM) co-CEO Bret Taylor’s artificial intelligence startup Sierra announced on Nov. 21 that it crossed $100 million in annual recurring revenue within seven quarters of its early 2024 launch.

Benzinga

Boeing Stock's 10% Pop Is More Than A Rally — Is This The Turnaround Wall Street Missed?

Boeing Co (NYSE:BA) stock didn't just bounce — it erupted, rocketing 10% in a single session and grabbing the title of the Dow's top gainer on Tuesday. And this wasn't one of those "short squeeze and forget it tomorrow" pops. This felt like the market suddenly realizing it may have…

Benzinga

Okta Beats Q3, But Slowing Growth Tempers Analyst Enthusiasm

Shares of Okta Inc (NASDAQ:OKTA) rose in early trading on Wednesday, after the company reported upbeat fiscal third-quarter results.

Benzinga

He Lost Nearly $130K And Was Left With Only $25K After His Best Friend Of 25 Years Took Out Hidden Loans And Sank Their Business

A man lost nearly $130,000 and was left with only $25,000 after a longtime friend drained their business accounts and hid multiple loans.

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